The Central Bank of Iraq (CBI) has officially refuted circulating rumors about an impending change to the country’s exchange rate, specifically dismissing claims of a devaluation to 1,600 dinar. The denial, issued on June 17, 2026, aims to quell widespread speculation that had begun to surface. The CBI statement was firm and unequivocal in its rejection of the reported adjustment. This action seeks to maintain confidence in the Iraqi dinar and the stability of the national economy. No details were provided regarding the source of the rumors, but the bank moved quickly to address them. The announcement was made via IraqiNews.com, a local news outlet.